If a Taxpayer Holding EE Bonds Makes an Election with Respect

question 81

Essay

If a taxpayer holding EE bonds makes an election with respect to the taxation of the bonds, how is the interest which accrues on the bonds, but is not paid, taxed each year?

---

Definitions:

Range of Reaction

The theory that genes set certain limitations on intelligence and emotional health, but environmental factors determine where individuals fall within these limits.

Behavioral Genetics

An area of research focused on understanding how behavioral traits are shaped by genetic and environmental impacts.

Genetic Trait

A characteristic determined by the individual's DNA, inherited from one's parents and transmitted to offspring.

Environmental Opportunities

Situations or factors within an environment that enable individuals to learn new skills, improve themselves, or gain beneficial experiences.